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of the university of denver. 8:00 p.m. eastern, president obama and mitt romney will face off in their first of three debates. we have an all star panel tonight. former congressman rick lazio and former clinton white house aide keith boykin. and herman cain tells us what it's like to debate kevin madden. it's all about leadership and leadership means taking control of the conversation. that's just my advice. in an anemic overall economy, we've seen some positives in recent days. the ism services surprised on the up side today, 15 million car sales yesterday and of course stocks have been rising since a year ago today. the s&p is up 32%. so things can't be all that bad. how will the investor class vote in 34 days? but first up, both mitt romney and president obama are in their respective hotel rooms now. they're making final preparations for the big debate and cnbc's own john harwood joins us live with the details. good evening, john. >> good evening, larry. two hours from that debate we've gotten a reminder in the last 24 hours with a slew of polls of how high the stakes are in this debate.
familiar? reagan. the market by the way loved it. stocks up 81 points on the dow. call it the romney rally. plus lastly america's brave warriors are being denied the right to vote. this is a terrible story. why is team obama and the pentagon not helping our fighting men and women cast their absentee ballots? we will have that story. >>> the day after mitt romney politely and respectfully cleaned obama's clock president obama tried to quickly turn the page. cnbc's amin javers has more. >> reporter: the day after the debate strategy tells you which campaign this they won last night and which did not win. mitt romney spoke on tv after the network newscasts had gone on the air. that forced the tv networks through the day and the evening broadcast this is evening to use pictures from last night's debate again and again. president barack obama, however, had two rallies including one in denver, colorado where he had sort of a chance to do a do-over from last night. take a listen. >> when i got onto the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been
, the president and governor romney ending their third and final debate about foreign policy. >> a little emotional that the debate season is over? it is sad, isn't it. >> fiery and a little more volatile towards the end. i felt like governor romney was playing it safe here and the president came out swinging. what do you think? >> do no harm may have been the debate strategy ahead of time given his momentum in the polls and nationwide and swing states. there were spirited moments with the president trying to school romney on modern warfare saying in addition to fewer subs and ships we have fewer horses and bay nets in today's military but clearly i don't know what was more frustrating, the fact that the positions on foreign policy were not that different, not that far apart or the fact they didn't really want to talk foreign policy at all. >> they wanted to connect the dots to the economy and talk about their plans to get jobs moving again in this country. interesting commentary about russia. initially the president had the upper hand but then romney came back with the comment about puti
kudlow. this is "the kudlow report." with mitt romney's resounding victory last week and his continuing victory the week after the debate and the fact that he is not rolling in momentum in the polls, the whole race has changed. barack obama was casing big bird for a week. he fell right into a trap, and that's why, folks, i venture this veep debate tonight could be far more significant than usual, and team obama is leaving it up to uncle joe biden to make their comeback. oh, boy. biden will have to make the case that president obama deserves a second term, and no one, including obama himself, has yet made that case. former presidential candidate newt gingrich who knows a thing or two about all of this is my very special guest. also this evening, the u.s. embassy in yemen was attack. expect the consulate attack in benghazi will be brought up in the debate tonight. neither president obama for vice president biden has faced the press with any tough questions about what did they know and when did they know it about bengz? and how dare team obama call this a political issue stirred up by repu
. >> okay. >> we need to create jobs here. and both governor romney and i agree, actually, that we should lower our corporate tax rate. it's too high, but there's a difference in terms of how we would do it. i want to close loopholes that allow companies to deduct expenses when they move to china that allow them to profit offshore and not have to get taxed so they have tax advantages off shore. all those changes in our tax code would make a difference. now, governor romney actually wants to expand those tax breaks. one of his big ideas, when it comes to corporate tax reform would be to say if you invest overseas, you make profits overseas, you don't have to pay u.s. taxes. but of course, if you're a small business or a mom and pop business or a big business starting up here, you got to pay even the reduced rate that governor romney's talking about. it's estimated that that will create 800,000 new jobs. the problem is they'll be in china or india or germany. that's not the way we're going to create jobs here. the way we're going to create jobs here is not just to change our tax code but al
candidate himself, howard dean and tennessee republican house member and romney surrogate marcia blackburn. i want to ask you what is going on here. is hillary trying to take the fall for barack obama? i don't understand the dynamic here. >> this is five weeks, we have been five weeks. we don't have the answers. we lost the life of one of our ambassadors. and that is one of the good reasons for our intelligence committee and our government reform. holding hearings and starting to get to the bottom of this and figure out who knew what and when. the intelligence sources, that is the part that baffles me. i have to ask you. you look at this thing. hillary takes the blame. okay fine. >> but basically, my question is, who invented the cook and bull story that susan rice and others tried to sell that this was all because of a youtube video. that story has never been denied and it could have been -- where did that come from? >> this is pretty disgraceful. five weeks after 9/11 we weren't wondering why george bush wasn't taking responsibility for it. we supported the president. i think you should
debate. romney is totally debate fit in my opinion. he is in fighting shach after demolishing ten opponents in 20 debates. mr. obama on the other hand, he's a bit doughy, i don't think he's in shape for this. and by the way, just minutes ago, north korea accused the united states of plotting to attack it as a steppingstone to dominate asia and has used the word nuclear war. well, how does president obama plan on handling these nut jobs? let me tell you that wednesday's debate, romney is going to broaden his message to include foreign policy. >>> plus we have a surprise increase in the ism manufacturing report. >>> plus again bernanke defends his debt plan. he's enabling the obama treasury to sell trillions of dollars in deficits. >>> hundreds of mexicans are involved in the fast and furious. this is a terrible story, hundreds of mexicans may be involved. should attorney general holder be fired immediately over this new information? >>> the ism signals no recession, that's good. but is the obama-bernanke qe stimulus plan going to bail out the president in this election and what abo
tonight? >> what i'm watching for is how mitt romney takes advantage of this huge opportunity that he's got with tens of millions of americans watching these two side by side. he's behind in the polls, but not by an overwhelming margin. three points in our nbc/wall street journal poll. i talked to devine who was the campaign strategist for al gore. when gore lost the election, in the debates he said here's what's mitt romney's got to do. he's got to figure a line of attack that at the same time makes president obama looks bad, makes him look good, and press that through the entire 90 minutes. it's an economy debate. that is supposed to be mitt romney's wheel house. we'll see if he can pull that off in the right tone against a popular president. it's hard. there's always risk when you attack the president. mitt romney doesn't have much choice but to try to do it. we'll see where the help of jim lehrer, the moderator, exactly how he uses this moment. >> talk to you in a moment. whenever there's a big night involving politics, you can bet larry kudlow is involved. he's here on set with u
report." mitt romney unveils his foreign policy strategy. he says the obama white house botched the response to the terrorist attack on the u.s. embassy in benghazi. cnbc's own john harwood has the latest. good evening, john. >> good evening, larry. mitt romney tried to build on his successful debate last week by talking foreign policy today and attacking president obama as simply not someone leading. >> i know the president hopes for a safer, freer, and more prosperous middle east allied with us. i share this hope. hope is not a strategy. >> we don't know if that line is going to work, but we know from new polls out today he's made significant headway since the debate. puts a lot of pressure on the vice presidential debate later this week. we'll talk about it at athe bottom of the hour. >> we will see you later on that very topic. also this evening, one battleground state, michigan, will vote on a state constitutional amendment to allowing collective bargaining, unlimited wage increases, and unchecked union power. michigan's governor rick snyder says how it will disrupt his sta
but it is not the end of the world. >> mitt romney did what he needed to do. the polls show that the momentum continues with romney ahead in a couple of polls. first up our top story, the dow taking a hit. companies warning the economy the worst than ever. >> let's put europe aside. it seems that investigator einv level on the dow. and 1400 on the s&p. and we did dip on the nasdaq today. profits disappointed and it seems frantic to cut costs. many disappointed on price. everybody was confused on getting the ipad four. that seems to be the case and facebook cramer talked about it. up 13% that revenue on the add side better than expected back to you. fast money contributor, brian kelly, good evening, gentleman, as i recall, you have been expecting a correction. now, my question to you, is this the end of the world or are we going to go to the bottom and what is going to happen next? help me out. i don't think this is a major pull back. this is just a bit of a drift lower. we hold to our outlook. it would be a buying opportunity. there is a bright spot. a lot of companies with exposed earnings here. we ha
net for obama and throw romney off his game. take a listen to this. >> took the president 14 days before he called the attack in benghazi an act of terror. >> get the transcript. >> he did in fact, sir. let me call it an act of terror -- >> say that a little louder, candy. >> he did call it an act of terror. >> here's the problem. he did not. and crowley knows it. since the debate she has recanted. pay close attention to this piece of sound from the president the day after the attack. >> no acts of terror will ever shake the resolve of this great nation, alter that character or eclipse the light of the values that we stand for. >> the bottom line is mitt romney actually had that right and the president still to the best of my knowledge, still has not explicitly called the attack the at benghazi an act of terror. a former clinton white house aid and author of outpub numbered chronicles of a manhattan conservative. has obama said it is a pre-planned terrorist attack? >> i have yet to hear it. he went on "the view" and went before the u.n., those were all opportunities and some cases
'm carl quintanilla. by all accounts republican challenger mitt romney took round number one. the pressure is on president obama as round number two begins in one hour. >> now governor romney has ruled out revenue. >> the revenue i get is by more people working getting higher pay, paying more taxes. >>? debate number one, they battled on taxes. >> you do the arithmetic. you do the math. >> they battled on the budget. >> it includes within it a number of provisions that i think has some unintended consequences. >> they battled on the banks. >> now they've both arrived on long island for a town hall-style debate, 25 miles from wall street. the stakes could not be higher for the candidates. for the country, and for your money. once again, here's maria bartiromo and carl quintanilla, as we count you down to presidential debate number two. >> and tonight we've gathered some of the best minds of wall street and washington to put it in perspective. >> we've got a great show ahead, former intel ceo craig barrett, sheila bare, former chair of the fdic, phil sits on the inquiry commission, david wal
a listen to what he told abc's diane sawyer that's airing just minutes ago. >> governor romney had a good night. i had a bad night. it's not -- >> bad? >> it's not the first time i've had a bad night. >> they chant "four more years." and today, there are 28 days before the election. i think the right chant ought to be for them "four more weeks." you've got the idea. >> there you have it. also this evening, for the first time in months, the market hit a back-to-back triple-digit decline. we warned you last night earnings might give the market a little bit of a hit. go ahead, boys. take some chips off the table. nothing wrong with that. but let me tell you, a political revolution is coming in 27 days. and for the first time here on "the kudlow report," i feel comfortable to tell you, mitt romney is going to win and he's going to win big. it's going to be a reagan-like economic growth revolution. that's what the debate told me and that's what the polls are telling me. and i make it official tonight. >>> also this evening, my old pal, art laffer, is going to blast obama and tell you why mitt
. that is good for the economy. especially as we move toward the romney boom. now, let's move to our investor pros. break down today's market plunge. here now is "fast money" contributor brian kelly, the co-founder of shelter hoover capital. and steven weiss of short hills capital and author of "the big win." brian kelly, was this predominantly today a technology correction that spread? is that the bottom, bottom line? >> yeah. especially when you look at other asset classes. i mean, we look at the euro. that was barely down today. you look at bonds. they weren't reaching for bonds. the dollar index was barely up. it wasn't up 1% or 2%. it was up less than a half percent, i believe. so it was. it was people repricing, getting out of tech stocks that for some reason they didn't see before that there actually might be a problem in europe. and now we've certainly gone the other direction from where we were on september 13th, 14th. the euphoria over the policy action. now we're at that despair of wow, everything could be really terrible. and i'm with you, larry. i think this is a buying opportuni
goals, at least as senior advisors articulated them to me just a few minutes ago. from team romney, they're looking not to go on offense against president obama. not to prosecute the case on benghazi. not much interest is good for them. boring is good for them. president obama, on the other hand, likes the aggression that he showed in the results of that in the last debate. you can expect president obama try to make the kacase that he doesn't know what he's doing in foreign policy. he could -- the tone of his questions, the direction of his questions could alter the nature of his responses and also the aggression from obama could cause romney to change his tune a little bit. he saw the big pass didn't work out too well for president obama in the first debate. >> connect the dots for us, john. in terms of foreign policy decisions that will impact the economy here, what's your take? what are you expecting? >> well, you can expect on china, for example, they're both talking about getting tough with china. romney says he would be tougher. when you talk about unrest in libya, in syria and the
university in boca raton, florida, where in two hours president obama and mitt romney will square off in their third and final debate. two weeks until election day, and polls showing continued romney momentum. could this be obama's last stand? the terrorist attack on our embassy in benghazi will be one of the phonus points of the debate. joining us now from the debate site, ace reporter cnbc contributor robert costa, "national review." robert, what is team romney telling you about tonight? >> reporter: team romney is very optimistic about tonight, but they know it will be a break-even debate. this is president obama's best subject, foreign policy, romney is a governor and businessman, not his wheelhouse, but he's been well prepared for this debate and expect him to come out firing at the president's record, especially on libya. >> okay. let's pursue that. is he going to go right after benghazigate, go right after it picking up where he left off in the last debate? >> well, as you remember, larry, the romney campaign feels during the town hall romney didn't have a great answer on libya
floats your boat. on a day when many stocks were buoyed by mitt romney's victory over president obama, let me tell you how i watched. i watched the debate within the parlance of my world, the stock world. i watched it with an eye towards making you some money. tweeting every potential stock idea triggered by either gentleman. ♪ how can you try to make money from the debate? let me parse it for you. show you how it's done. going over the actual statements by each candidate translating them into cramerican. let me tell you, there were tons of cramericans on twitter. if you tweeted me about the debate, keep an eye on the twicker running below. you may see your tweet. romney went right into a call for north american energy self-sufficiently, singling out coal as an endangered species under obama. listen. >> i like coal. i want to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. >> lots of bozos went in and bought the coal stocks. all the coal stocks on. this wrong take away, people! coal's hostage to chinese deman
-up of the question, which really i think was helpful for romney with the independent voters he gave a devastating critique of obama's tenure in office, all the things he did from obama care, to dodd/frank, and then all the things he didn't do. social security reform, medicare reform. >> would it have been a great chance for the president to mention housing recovery, which most would agree was in the first stage, didn't mention it? >> i think it was mitt romney's strongest answer in the entire debate. i think he did a great job as jim nelson pointed out as listing his accomplishments, the jobs, the private sector job growth, he mentioned the war in iraq, the osama bin laden attack. i think he was successful throughout the night, because on every question he pivoted and turned it into an attack on mitt romney, which is something he completely failed to do in the first debate. it was a much more forceful debate for him, for the undecided. ultimately, i don't think there are that many undecided voters. >> well, he was on the attack, no doubt about it, much more aggressive, but larry's point about a l
as the romney roll continues. scott rasmussen has three polls showing a dead heat in battle ground states, hai, virginia, florida. even the liberal magazine "the new yorker" sees it on their front cover, mitt romney pulling a clint eastwood, debating an empty chair. first up, it was the tweet that was heard around the world. my good friend jack welch set off a social media firestorm. take a look at his tweet. "unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers, end quote. he's chase by accusing the white house of skewing the data to help president obama. earlier on cnbc, u.s. labor secretary fired back with this response. please take a listen. >> these are our best trained and best skilled individuals that have been working in the bls and it's really ludicrous to hear that kind of statement. >> here now is the legendary jack welch, former ge chairman, ceo and great friend of "the kudlow report." it's great to see you. i don't feel like defending obama, i don't feel like defending the labor secretary but i got to tell you, i worked in the white house
romney comes out swinging in his first debate with president obama with the two men sparring over how to fix the u.s. economy. waiting on spain, the ecb expected to hold steady on rates. country's president tells cnbc that europe's policymakers must remain focused. >> if we get bogged down into what was meant by the june agreements and waste time on this kind of discussions, then it's much less likely that a coherent system will emerge. >> madrid continues to put faith in the hands of private investors while finance minister heads to london to raise funds for the country's bad bank. and india's crucial services sector grows at its fastest rate in seven months, while the government gets set to take another swing at boosting it through foreign investments. thanks very much for joining me. anyone that's missing ross, he'll be back in tomorrow. but for now, you're all mine. . plenty to come on the next couple hours of the show. lots of guests to help us figure out what's going on. we'll get a view from sydney about cautious shoppers. borrowing costs are expected to fall. we'll bring you t
romney points out 47% of the people won't take responsibility. he's talking about my mother and father, talking about places i grew up in my neighbors in scranton and clamont, talking about people that built this country. all they're looking for is an even shot. whenever you give them a shot, they've done it, done it. whenever you level the playing field they've been able to move and they want a little bit of piece of mind. the president and i are not going to rest until that playing field is level and they in fact have a clear shot and have peace of mind. until they can turn to their kid and say with a degree of confidence, honey, it's going to be okay, it's going to be okay. that's what this is all about. >> congressman ryan. >> i want to thank you as well, martha. danville, kentucky, center college and i want to thank you, joe, it's been an honor to engage in this critical debate. we face a very big choice. what kind of country are we going to be? what kind of country are we going to give our kids? president obama, he had his chance. he made his choices. his economic agen
. talking to romney advisors, this is their closing strategy. coming out of the first two presidential debates they see a big opening on polity and on vision. if it turns out that the president doesn't have a good vision for -- >> it's partly a referendum on the economy and it's pointing out what romney's plan is, 20% across the board tax cut, but what romney's doing now is that the president could earn on rom hi he he he doesn't have a tax plan, romney wants to point out out to the voters. >> obama does have a tax plan, he wants to raise taxes on small business owners, raise taxes on business and raise taxes on entrepreneurs and raise taxes. >> the obama job plan is sitting in congress, it's inactive, nothing's happening on that front, the president's just going to let these tax cuts expire, so this really comes down to the ideological choice for voters as an alternative or is it more of the same. >> obama -- even if he loses, he wants to raise tax rates on the upper income and he's willing to let all taxes go up north to get that. now mitt romney is a leader. mitt romney is a deal ma
, after last night's debate i keep picking those hot romney stocks and sectors. good evening, everyone, i'm larry kudlow. this is "the kudlow report." our top story tonight, paul ryan's resounding victory in last night's debate with vice president joe biden. the first ten minutes sealed it. 43 million people watched and the polls are showing a snap cnn poll gave the win to ryan and so did the cnbc survey. biden's snarky, disrespectful laughing and out-of-control interruptions hurt him enormously. plus, he gave no reason for barack obama to be reelected ryan played and cool and smart. the best line today from marco rubio. take a listen to this. >> let me tell you, it's not easy to do a good job onstage when you have a heckler on the stage with you. >> biden misled everyone with a string of falsehoods. tonight we have the man who developed the cia's program that detects deception. what you'll hear from him is going to shock you. then again, maybe it won't. >> plussic brai ibreaking news, panetta warns a cyber pearl harbor is about to happen and the fingerprints point to iran. also tonight,
didn't matter but the last couple weeks have proven that notion wrong. >> certainly mitt romney got a boost out of the debate last week and in denver and what he's hoping is his running mate can continue that here tonight at center college in kentucky which hosted a vice presidential debate 12 years ago with dick cheney and joe lieberman. joe biden, the more experienced man, arrived first. he came, he showed a very relaxed demeanor. he went to his supporter's house did a little studying, relaxed with his family. he's been through this before having debated sarah palin four years ago. mitt romney arrived, the le-- p arrived. we only saw him by motorcade and later did a walk through through center college here in danville, tweeted out a picture of himself but otherwise kept a pretty low profile. the pressure, of course, is going to be on joe biden to try to arrest the momentum that mitt romney generated in denver so we can expect he's going to go hard after ryan and for ryan, as for any vice presidential candidate, he wants to focus on president obama, not the guy joe biden across the
romney says he will reach across the aisle to make various fiscal deals and president obama just didn't do that, didn't have the capacity to do it, didn't seem to have the interest to do it, that's the political dynamic out on the campaign trail. what i'm asking you is are there democrats and republicans, let's start in the senate, one hears a group of six, a group of eight, a group of 12, people like that who can find common ground that will stop this big tax hike, that will help manufacturing, that will give you a corporate tax cut, for example, which i know you all want. is there a leadership, a d and an r that could find common ground and lead to us the promised land. >> it's not just corporate taxes but also individuals. two-thirds of manufacturers pay taxes at the individual tax rate. to your question about who is helping who is not, we're hearing a lot of rhetoric from both sides and frankly we haven't seen a lot of action. here we are two months before the december 31st deadline, ten days before an election and nothing has happened. this is not exactly as if this problem mater
. >> live from the market in new york city's times square. stocks getting a boost today and is this a romney rally? what is the best way to play it. >> i think you have to look at the sector that is most undervalued. i think a romney victory brings back the return of normalized earnings much faster. you will see a regulatory environment that is more in line with what i think the 2012 market should be. we have over regulated in that sense and the value of the us dollar under romney will get stronger. >> karen? >> i agree with what he is saying. there is the perception of economic growth and if that is the case and less regulation, i think you are see the industrials get better. >> i think if we can get back to 2007 and 8: 20 2007 and 2008 levels, it will be better. >> how often do you get a candidate that calls out a sector like that? >> it is not just the president and regulations that have hurt coal stocks? >> that has hurt it as much as the president holding things back. but obviously romney calling this out is why stocks were up 6 to 7%. the question i have is up to what day do you decide
, three town. president obama and mitt romney dual over foreign policy and the health of the u.s. economy in their third and final debate. made vase mire lays out her vision of yahoo! as the internet company posted better than expected third quarter figures. but burberry an lis cutting price targets. and bank of israel splaning for all sorts of eventualities among tipped tensions. . >>> on today's show, plenty to get through of course. let's remind you what's coming up. we'll discuss the presidential debate with experts one which president obama says was clearly the winner while the other thinks romney was the one who looked more presidential. we'll hear from the governor of israel stanley fisher with a live update from tel aviv. and we'll get an in-depth analysis on the latest earnings out of japan. find out what stocks our guests think is a buy at 10:30 cet. also is there more easing on the cards for the fed? we'll head out to philadelphia with the latest expectations. the fed begins its two day meeting. but first, president obama and mitt romney faced off for the third and final time b
ahead. >> if romney wins as big as i think he's going to, america's going to speak loudly and there's going to be big money made ahead for those that have decision-making capabilities, willingness to go out and take risks. >> should i guess then if obama wins it's the opposite? >> well, if obama wins by a small margin and loses the house and the senate, different story, but i don't think that's going to happen. >> do you know that the first -- the first dip in this three-month rally in the stock market occurred literally right around the time where mitt romney was so dominant in that last debate. why did that dip happen? because everyone happens -- >> the ben bernanke effect. >> everyone understands that. should we say because romney is more pro business, that's better for the stock market? when they right the textbook on obama's first four years, they would have to include without context that he's the best president for stock market history. >> wow. you also have to coincide that with the federal reserve and all central bank easing around the who world. >> that's the whole point.
to for the first time mitt romney is tracking at 50% in the newest "washington post"/abc poll of likely voters. romney leads president barack obama 50-47. this is just further evidence why i believe he will sweep the midwest and win this election going away. i'm now predicting a 330 electoral vote landslide. that's right, 330 electoral votes and i'm going to show you why later on. but first up tonight, with elections 12 days away, then the lame duck congress, including the fiscal cliff, we call on leon cooperman, chairman and ceo of omega advisers, one of the 40 businessmen behind the open letter, a critical choice for america advertisement that ran earlier this week in "usa today." lee, thank you for coming on. i appreciate it very much. i have to ask you, you've had a fabulously successful career. this has to be a tricky moment. you have an election in 12 days. you have an unsteady market with earnings dropping and so forth and so on. what is your advice to investors? how do we get through this between now and year end? >> thank you, by the way, for having me on the show. i think the stock m
bring more on to the export market. >> one would hope mr. romney or the president would acknowledge side of those opposing y we are the regime in teheran. >> great discussion. michelle caruso-cabrera and our thanks to dennis gartman. let's trade this thing. >> we have a huge skew. we are at record levels for the vix, not the spot vix but the futures. in other words, if you go out, folks, just six months into the futures they are ten points higher than where the spot is right now. so if what dennis says and his observations as well as michelle and michelle if we see a regime change you will see that vix, those futures come down dramatically because that steepness of that curve is there because of the potential that it goes the opposite way, the potential that we have some sort of nuclear issue or israel drags the united states -- >> this is not a regime that walks away easily. this is not like flipping the keys to an apartment that you are done renting. these businesses in power. ahmadinejad is a puppet for much bigger powers behind the scene. my concern would be this is not going to be a
. >> final word, mr. la camp. >> well, i agree. if the republicans win, if mitt romney wins, there's going to be some optimism, enthusiasm, maybe a quicker fix to the fiscal cliff, and we have a rally that could last through january. but then we've got longer term problems that he can't fix overnight, and then the market is going to run into some new headwinds. >> thank you to the two jims. >>> coming up, this storm could have a huge impact on the presidential election. you might be surprised at which candidate this storm is hurting more. please stay with us. when you take a closer look... the best schools in the world... see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... they can inspire our students. let's solve this. >>> the massive recovery efforts are under way, but one lingering impact from sandy could be on politicians. eamonn is in washington with the latest. >> it wa
he more fec livety take on mitt romney and the centrist tone he was striking in the last debate. finally, does he do better at laying out a concrete vision for a second term. democrats want him to do all three. >> larry kudlow the debate in about a minute and a ahalf. >> i think john is right. i think the fulcrum of this debate will be about economic growth and jobs but i think the benghazi thing, with hillary saying it's my responsibility, the night before the debate, i think that puts it right into barack obama's lap. i think this is a great clinton power play, very clever on the clinton's part and now the president's going to have that ball and he better not fumble it. >> governor romney is going to be pushing this. >> he's going to go right for it. you know he's going right for it. keith is right about the economy, but people are very upset about an ambassador getting killed. >> we take you to hofstra university, a town hall with about 80 voters chosen by gallup uncommitted registered voters from nassau county. we bring you candy crowley. >> good evening from hofstra univers
obama and mitt romney much more confrontational in their second debate, tussling over libya, taxes and the deficit. >>> spanish equities bucked the trend. >> shake-up at citi. the company is still being mum about the specific details around his departure. >> and a surprise rate cut from the bank of thailand is hitting home in yet another emerging economy. >>>er you're watching "worldwide exchange," bringing you business news from around the globe. >> good morning to you. so much to get to in today's program. kelly is a little bleary eyed this morning. >> it's because i watched the debate this morning. >> you just happened to wake up at the exact moment that debate started? >> i thought i'll just watch it for two or three minutes to get an idea of what's g 90 minutes later. >> and your initial thoughts? >> i saw the first one because i was in the u.s. for it. it did come off as dour. this one was livelier. but i don't know whether there was necessarily -- the narrative is that president obama did better than last time around. whether it was as much of a game changer i think is still
presidential debate, and the big question is, will we see a romney bounce that could be a game changer in the race for the white house? good morning. welcome. i'm melissa lee along with carl quintanilla and jim cramer. david faber is at the economic summit in larue, texas. he'll join us from there in just a few minutes to kick off an exclusive interview with meg whitman. let's have a look at the futures this morning. we are seeing a positive bounce here. we are digesting, as we mentioned, last night's debate as well as jobless claims which came in lower than expected. the previous week was revised slightly higher. we are, of course, looking ahead to the jobs report on friday. as for europe, the ecb, as expected, holding the course on rates. we are looking at these headlines crossing from mario dragi. we'll monitor those as to where he will stand and the ecb stand on future rate cuts. >>> our road map starts in denver where president obama speaks this morning, trying to counter the widespread perception that he lost last night's debate. his in-rate contract down 7%, but do stocks have t
. >> right now it's down to about 66% in trade obviously suggesting romney got a big boost. >> mini flash crash. >> among our political guests this morning ready to talk about the road to election today, arianna huffington will be our guest host. huffington "post" obviously has a left bent, but it was declaring romney won the debate. ken duberstein will join us, as well. >> i was reading some of your tweets last night, john, and i liked your tweet. i tell you what i took away from the entire debate because i want to let you say it, but i saw what's possible in a life spent without any alcohol. i saw what i could have possibly been -- i saw how i could have possibly been able to talk if i had all the brain cells that i started with. and that was what i came away with. that i just wish in a maybe i had considered that path maybe of being, you negotiation life of sobriety. anyway, what did you think, john? >> well, romney considered that path and he took that path, joe, and he tried to press his case last night. the challenge for him was to come out with the kind of aggression that could sco
a new president romney could have any quick effect on interest rates and the fed. good evening, everyone. i'm larry kudlow. this is "the kudlow report." we begin tonight with this. how in the world can the president and the secretary of defense leon panetta, knowing we were being attacked in benghazi, not send heavy firepower to save the lives of the men? we know tonight that the white house, the state department, and the defense department all new in real time about that attack. meetings were held. nothing was done. instead, four good men died. and still today the white house is sticking to their cover story. we are doing this because it stands to the credibility of our national security and that of the administration. and this evening a new timeline has emerged from e-mails sent from the state department to top national security officials, including the white house situation room, begging for help. nbc's mike viquera takes us through the chain of events. >> a series of e-mails sent from the state department to officials here, sent in real-time as the assault on that compound in benghaz
obama and mitt romney have jabbed at each other from afar for weeks, but now they get to do it face to face as they get set tonight for their first debate. slipping growth hits home in china's resilient services sector. >>> and more signs of trouble for the spanish government as the latest figures show its corporate tax revenue has tumbled. mariano rajoy issues the latest denial that he's ready for a bailout. >>> we now have the latest numbers crossing for the eurozone services pmi. the september final services read coming in at 46.1. an improvement that we have seen from the 46 number. this is still the lowest level we're seeing since 2009. the forward indication 49.4. in terms of what we're seeing on the final comp sit pmi, this is above the 45.9 read that we have, but just a fraction below what we saw in august, the rate was 46.3 then. this is the lowest read since may 2009. in terms of new business number for the composite september rate, 43.8. we're still right back at some of these 2009 lows. >>> elsewhere, the numbers are not that much better. lisa has more on these numbers o
along with joe kernen and andrew ross sorkin. romney accused of president of diminishing american leadership during his first term. they discussed military spending, the middle east, china. and john harwood will join us with the highlights. among our newsmakers you can we have rob portman at 7:00. he's been playing the role of president obama in mitt romney's debate preparations. then coming up at 8:00, we have senator john kerry. he's been playing mitt romney in the president's debate prep sessions. of course earnings central is still in full swing. before the bell, we will hear from dupont, 3 m, united technologies, and many others. also a topic dominating discussions is the fiscal cliff. the annual meeting of the securities trade group is taking place in new york today. and the looming risk the u.s. economy is sure to be on the agenda of participants. we'll be joined by a few of those this morning. including gary gensler. chet heick will also be joining us. on the lighter side of thing, we'll have a rock star among us this morning. yeah, we mean this literally. not just the roc
of days mitt romney has to solidify the gains that he made last night. so how will the president and the markets respond? we'll be looking at that. >>> 767. that's the other number. google, all-time high in morning trade. see why a lawsuit may have given the stock its added pop and taking it up there to that airplane. that boeing number, 767. >>> and 1 billion. the number of monthly active users now using facebook. what's not to like? sue, the markets are liking something today. tell me what it is. >> they are, tyler. up across the board. we've been up since the opening bell. we'll get to why in just a second. >>> attorney general eric holder holding a news conference right now. it concerns major crackdown on medicare fraud. our senior correspondent scott cohn who covers that particular area in addition to many other things is joining us with the headlines. >> sue, it is something that we've been talking about a lot. this is amidst a three year crackdown on medicare and medicaid fraud by attorney general eric holder. more than $400 million in fraud alleged in today's operation. m
pursues women voters raising the romney/ryan record on abortion and other issues related to women. >> do you think the onus is more on biden to offense? ryan the luxury of sitting back and riding the momentum that's happened since the first debate? >> i think biden does need to go on office but to some degree the bar is higher for paul ryan. in these guys tie which i think they will do it will be a wash, biden has succeeded in stemming the bleeding from the democratic base. and so to that degree, paul can't just go out and be equal to biden. he has to go out and be better than biden. >> he has to be on message. team romney is on a roll, is on a roll and the last week he's on a roll in the polls. that's why i'm saying ryan, he's got to be polite and respectful but on message and i believe economic growth and jobs, is the message. >> he has to have his youth. needs to let his youth take advantage of the full scope of what that energy can bring to the seat. >> there's youth and there's -- -- >> go to the vice presidential debate is about to start. here's abc's martha raddatz. >> g
looking at tonight? >> mitt romney floats and idea to cap keyductions across the board. we set up our own debate. those are the topics we are going to tackle. and this evening. listen to vice president joe biden on the trail. it is the gift that keeps on giving. >> how they can justify. raising taxes in the middle class. it has been buried in the last four years. how in the lord's name. >> that is nodt a froidian slip. plus three stories that happen to break before the election. a leftist new york attorneyy general looking to bash banks and that is as phony as a $3 bill. also a judge strikes down pennsylvania's voter id law and the obama administration is telling companies it is okay to disregard the law when it comes to handing out pink slips in advance to big budget cuts. all three happening before the election. mitt romney has finally put meat on the bones of his tax reform idea. he floated the idea of a $17,000 cap on tax reform reduction. >> you could say everyone is going to get up to a $17,000 deduction. you can fill that bucket if you will and higher income people might have a low
romney briefly unveils his version of tax reform ahead of tonight's presidential debate. but will it work to close the gap in the polls? we'll break it all down right here on the "closing bell." when you take a closer look... the best schools in the world... see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... they can inspire our students. let's solve this. >>> welcome back. apple helping to push the nasdaq higher for a second straight day. we said this yesterday, but it's worth repeating. apple accounts for just under 19% of the nasdaq 100. let's get to bertha coombs. >> it really is the big apple. yesterday we saw a technical reversal and a technical levels. apple shares fell below their 50-day moving average and zoomed back up. if you look at that chart, they are extending gains here today. also, apple changing the landscape, perhaps. reports say it's set to put out a mini
obama and mitt romney clash on coal and energy policy, one of the first flash points in the debate last night. here in virginia, coal is at the heart of energy power politics in this battle ground state. details coming up when "fast money" continues. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. sleep train's best rest event is ending soon. don't miss your chance to get sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. but the best rest event ends soon at sleep train. superior service best
was the story of the debate last night was -- i thought mitt romney was pretty good last night and he brought his a game as he did in denver, but what was different about this one was the president did, too. and he came in very strong. he had some different talking points. he didn't have a five-point plan. he's got a one-point plan. it's to help the rich. he tried to tie mitt romney to the republican congress. everything they say, me, too. that was a different riff. and then he got lucky in the order of the closing statements -- >> you'd miss this if you tushed it off. >> it was the final question. >> outsourcing? >> no, the final question had to do with -- i forget actually what the question was. and it didn't matter. >> it's what characterizations do you -- >> exactly. what's the misperception about you and correct it. >> and so romney said well, a lot of negative things have said about me the campaign and i want everybody to know i care about 100% of americans. a pretty good answer. except that obama got to go last with no rebuttal. and obama came back and went hard, hard at the 47% video,
>>> good morning, everybody. welcome to "squawk box" here on cnbc. president obama and mitt romney now have about 15 hours until they take the debate stage at the university of denver. >> people want to know who's going to win? who's going to score the punches? in my view, it's not so much winning or losing or even the people themselves, the president and myself. it's about something bigger than that. >> no, no, governor romney, he's a good debater. i'm just okay. but what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing. >> a new nbc news "wall street journal" poll finds that nearly four in ten voters say that the upcoming debates will be either extremely or quite important to determining their vote for president. another 34% of voters polled say that the upcoming debates will be somewhat important to their votes, so the stakes are high tonight. president obama's lead in the nationwide polls is narrowing. meantime, romney has pulled even in florida. john harwood is in denver this morning and he will join us in just a few
'm belill griffeth here at the big board. some say mitt romney may have reset his presidency bid with the debate tonight. stocks are higher. he's generally viewed friendlier to business in wall street. we're also seeing specific groups move in sync with romney's position. coal stocks, for example, getting a lift after he addressed support for them last night. hospital stocks are down on concerns heck make big changes to elements of obamacare that could help hospitals. we should point out energy is very strong today. that, of course, has been one of the leaders for stocks this year. they are powering the market higher as well today with the dow just off the highs, up 86 points. the nasdaq's up 12 points right now at 3148. the s&p is up 10-plus points right now at 1461. maria. >> all right, bill. the minutes from the federal reserve september policy meeting today out shedding little new light on the fed's future plans, but of course tomorrow's september jobs report will off more clues about the health of the economy. we're going to get some thoughts about what to expect out of the
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